Another twist of events in the Terraform Power story. If you recall, a few months ago David Tepper and Brookfield Asset Management made a play at buying the yieldco. This idea has now been replaced by a larger owner of the company, DE Shaw, otherwise known as DESRI. DE Shaw is one of the sharpest players in the solar market, anyone that has dealt with them likely agrees with me. They also have a relationship with the Alberta Investment Management Corporation (AIMCo), a Canadian pension fund, which could give it some aggressive source of capital. Let’s see if they are also looking to increase their ownership in addition to becoming the sponsor of the assets.
- PV-Magazine: D.E. Shaw proposes to take over as TerraForm sponsor
- CleanTechnica: Drones & Robots Help Increase Solar Farm Efficiency
- Think Progress: The Clinton team studied and rejected the wrong carbon tax
- Solar Industry: The Debate Over Distributed Solar Continues Across The U.S.
- SolarWakeup: Corruption Surrounds Florida’s Amendment 1
- New York Times: Plunging Solar Equipment Prices Fuel Trade Complaints
- Business Insider: Tesla’s big solar roof unveiling will happen on Friday
- Fortune: Solar Power Capacity Tops Coal for the First Time Ever
Opinion
Have a great day!
Yann